BUSINESS NEWS IN BRIEF 18/8

Building brand name for Vietnam’s coffee, 7M tourism revenue in HCMC up 16.6% y-o-y, Online bidding helps save 9% of cost: experts, AirAsia to launch two direct flights from Vietnam

Social News 18/8

Railway company to begin selling Tet 2019 ticket from October 1, Hải Phòng to build eight new coach stations, VTVcab owns the English League Cup rights four consecutive seasons, Approaching control centre established at Cam Ranh airport

Earning VND1 trillion a month, Vietnamese billionaires become richer than ever

VietNamNet Bridge - Many large listed corporations have reported huge profits of trillions of dong.

Renewables lag behind the potential

 The low feed-in tariff for wind power is causing a collective delay in wind power projects all across the country, as investors are waiting for prices to increase so their plants can become profitable. 

Choreographer speaks about success on the stage

 The German opera Der Freischütz was reinterpreted in Vietnamese as Nha Thien Xa, and staged in July. The performance proved popular with audiences, especially young ones. 

M&A to grow on after record 2017

 After a record-breaking 2017, mergers and acquisitions (M&A) volumes are poised for further expansion driven by growing investor confidence in Vietnam. 

Health insurance e-cards to be launched next year

 Electronic health insurance cards are likely to be introduced in mid-2019, said an official of the HCMC Social Insurance Agency at a dialogue on social insurance policy between municipal authorities and enterprises last week.

As busy as a bee hunter can be

 VietNamNet Bridge – It’s a busy time of year for bee hunters with just a little over a month left to collect honey.

Make your own traditional cakes in Can Tho

 VietNamNet Bridge – At Phan Kim Ngan’s house, visitors can make their own local traditional cakes and enjoy a buffet consisting of nearly 50 kinds of cakes. 

Listing beckons for local property developers

Local property developers are increasingly keen on joining the country's stock market.

French artist helps Hue children

When they reach the age of 60, many people choose to leave the stresses of work behind and instead enjoy their gardens, books, friends and families. But French sculptor Olivier Oet has found his interest in supporting needy children

CNN lists 40 delicious Vietnamese foods

The US Cable News Network (CNN), one of the largest news networks, named 40 delicious Vietnamese dishes in an article of the same title. 

Vietnam sends two teams to regional robot contest

 Two Vietnamese teams will compete at the annual Asia Pacific Robot Contest (Robocon) 2018, being held at Ninh Binh Sports Centre in Ninh Binh city on August 26.

Range of activities to celebrate National Day in Hanoi

 The Hanoi municipal People’s Committee has instructed relevant sectors and agencies to organise a string of activities throughout the city in celebration of the 73rd anniversary of the August Revolution (August 19) and National Day (September 2).

Vietnam listed among markets of potential in Asia

 Vietnam has been listed among Asian markets that have a full house of positive factors for the long-term growth of real estate as an investment class, according to JLL’s latest Global Capital Flows Research. 

Ecommerce platform Sendo gets US$51m from new investors

 Ho Chi Minh City-based ecommerce portal Sendo.vn has raised US$51 million in a round of Series B funding from eight foreign investors, Sen Do Technology JSC (Sendo) said in a statement issued today, August 16, by PRNewswire.

Art programme dedicated to renowned Vietnamese poets

An arts programme of music, poems and plays will be held at the Ha Noi Opera House on August 26 to commemorate the 30th anniversary of the death of renowned Vietnamese poets and married couple Luu Quang Vu and Xuan Quynh.

Quan makes contemporary dance for VNOB

Viet Nam National Opera and Ballet will premiere a contemporary dance entitled Đáy Mắt (In the Eye) – a collaboration by choreographer Bui Ngoc Quan and musician Tri Minh on August 19 at Ha Noi Opera House. 

How the humble cabbage can stop cancers

 Scientists say they have discovered why some vegetables - including cabbage, broccoli and kale - can reduce the risk of bowel cancers.

Public debt a tricky issue

Dr. Hoang Van Cuong, a member of the National Assembly Committee on Economic Affairs, talks to the Investment Review newspaper on his Committee’s resolve to tighten the management of public debt

Hoi An Memories-largest outdoor visual arts show

The show Hoi An Memories, the largest outdoor visual arts performance ever in Vietnam recalls the memories of Hoi An as a prosperous trading port over a 400-year period.

Importing scraps as production feedstock and protecting the environment: A delicate balancing act

A few decades ago, when both Vietnamese industrial production and economic integration were at a nascent stage, there was a trend wherein enterprising Vietnamese, lucky enough to go to Japan for study, work or just a visit, 

Tuition fee exemptions for poor secondary pupils

 The government has approved tuition fee exemption for students at state-owned secondary schools and children aged five at nursery schools.

Two killed, three others in critical condition following wasp attack

 Two people have been killed, while three others from a family in the southern province of Bac Lieu have been left in critical condition after being stung by wasps.

Billions of dollars worth of car parts exported but not from Vietnamese manufacturers

Vietnam spends billions of dollars to import car parts each year for domestic assembling, but it also exports billions of dollars worth of vehicle parts.